German company Trumpf has decided to re-enter the market for metal additive manufacturing production systems, announcing a joint venture with Italy’s Sisma.
The Ditzingen-based production and medical specialist announced the 55/45 JV with Sisma, a laser technology company, this week.
Trumpf briefly created metal-based 3D printers. It released its TrumaForm machine in 2000 before withdrawing this a few years later.
The company said in a statement that the new venture will focus on end-use parts, which are a strongly-growing part of the technology's market.
"Many machines on the market today are aimed more at prototype construction," explained Dr. Peter Leibinger, head of TRUMPF Laser Technology, in a statement.
"In the future, however, the most important criterion where additive manufacturing lines are concerned will be their suitability for industrial applications."
The Financial Times notes that the entire market for 3D printing grew by nearly a third last year, globally.
Trumpf specialises in production and medical technologies and was established in 1923. It achieved sales of approximately $2.34 billion Euros in the fiscal year 2012/2013, according to its website.